Reports
Global Prostate Stents Market: By Product: Permanent, Temporary; By Material: Metal, Plastic; By End-User: Hospitals, Specialty Clinics, Research and Academic Institutes; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Prostate Stents Market Outlook
The global prostate stents market is expected to grow at a CAGR of 5.5% during the period 2023-2028.
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Global Prostate Stents Market Likely to be Driven by Demand for Effective Treatment for Prostate Disorders
The global prostate stents market is likely to be driven by the rising number of cases associated with prostate related ailments and disorders. Some common problems include prostatitis (inflammation, usually caused by bacteria), enlarged prostate (BPH) or benign prostatic hyperplasia, and prostate cancer (a common form of cancer that responds positively to treatment if detected early). BPH is a very common ailment in older men and the leading cause of lower urinary tract symptoms (LUTS). The occurrence of BPH increases after the age of 40.
Prostate stent is an alternative for certain patients who are considered unsuitable for transurethral resection of the prostate (TUR-P). Transurethral resection of the prostate is considered the gold standard for treating severe lower urinary tract symptoms (LUTS) or urine retention. Significant co-morbidity renders a few patients unfit for surgery; such patients require alternative treatment. Intraprostatic stents are an example of minimally invasive treatment for LUTS. A prostatic stent is a small device placed to open up the urethra and improve urine flow and emptying of the bladder. Stents are used widely in endoscopic urological processes.
Advanced Solutions Offered by Companies Expected to Stimulate the Market
Several companies are engaged in providing effective solutions for prostate related disorders. In 2016, SRS Medical Systems announced that the company secured CE Mark approval in the European Union for its Spanner temporary prostatic stent, devised to be used as an indwelling Foley catheter as well as an intermittent urinary catheter in male patients. According to the company, the Spanner device was composed of a pair of anchors and a silicone tube, and was devised to decrease resistance in the bladder neck and prostatic urethra without stenting the external sphincter. The blind, anaesthesia-free implantation procedure was like that of a Foley catheter.
In 2021, Olympus acquired partner Medi-Tate and its minimally invasive prostate device, iTind. The nitinol iTind device functions like a large stent; it is temporarily placed in the urinary tract using a catheter where it expands to help alleviate symptoms caused by an enlarged prostate, like loss of bladder control. The device helps in reshaping the channel to enhance urine flow, and is removed after five to seven days.
Allium Medical has introduced many types of stents for the treatment of various types of urinary tract strictures, on the basis of anatomic location. The stents are all manufactured of nitinol and have a co-polymer coating to prevent encrustations. These stents come in various shapes, are designed particularly to treat individual type of stricture, have a large calibre and a strong radial force, and are self-expandable. The unravelling feature of these Allium-made stents enables ease of removal. Some examples of such stents include the Bulbar Urethral Stent (BUS) for treatment of bulbar urethral strictures; the Triangular Prostatic Stent (TPS) for the treatment of prostate obstruction in individuals not fit or not willing to undergo a surgical procedure; the Round Posterior Stent (RPS) for the treatment of post radical prostatectomy bladder neck contracture; and the Ureteral Stent (URS) (round shaped, available in varying lengths and with an anchor option) for the treatment of ureteral strictures.
Global Prostate Stents Market Segmentation
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By product, the market is segmented into:
- Permanent
- Temporary
By material, the market is classified into:
- Metal
- Plastic
- Others
By end-user the market is divided into:
- Hospitals
- Specialty Clinics
- Research and Academic Institutes
- Others
By region, the market is segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Industry Players in the Global Prostate Stents Market
The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Olympus Corporation
- SRS Medical
- Allium Medical
- Becton, Dickinson and Company
- Med pro Medical B.V.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Material, End-User, Region |
| Breakup by Product | Permanent, Temporary |
| Breakup by Material | Metal, Plastic, Others |
| Breakup by End-User | Hospitals, Specialty Clinics, Research and Academic Institutes, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Olympus Corporation, SRS Medical, Allium Medical, Becton, Dickinson and Company, Med pro Medical B.V., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Prostate Stents Market Analysis
8.1 Key Industry Highlights
8.2 Global Prostate Stents Historical Market (2018-2022)
8.3 Global Prostate Stents Market Forecast (2023-2028)
8.4 Global Prostate Stents Market by Product
8.4.1 Permanent
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Temporary
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Prostate Stents Market by Material
8.5.1 Metal
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Plastic
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Others
8.6 Global Prostate Stents Market by End-User
8.6.1 Hospitals
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Specialty Clinics
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Research and Academic Institutes
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Prostate Stents Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Olympus Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 SRS Medical
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Allium Medical
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Becton, Dickinson and Company
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Med pro Medical B.V.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Prostate Stents Market: Key Industry Highlights, 2018 and 2028
2. Global Prostate Stents Historical Market: Breakup by Product (USD Million), 2018-2022
3. Global Prostate Stents Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Global Prostate Stents Historical Market: Breakup by Material (USD Million), 2018-2022
5. Global Prostate Stents Market Forecast: Breakup by Material (USD Million), 2023-2028
6. Global Prostate Stents Historical Market: Breakup by End-User (USD Million), 2018-2022
7. Global Prostate Stents Market Forecast: Breakup by End-User (USD Million), 2023-2028
8. Global Prostate Stents Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Prostate Stents Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Prostate Stents Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.5% between 2023 and 2028.
The major industry drivers are rapid diagnosis and treatment of prostate related ailments, rising geriatric population, increasing cases of prostatic obstructions, fear towards surgeries, and demand for minimally invasive treatments.
The key trends guiding the growth of the industry include the rapid technological advancements and the increased investments in research and development activities by the key industry players.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant products include permanent and temporary.
The different market divisions based on material include metal and plastic, among others.
The major end-users are hospitals, specialty clinics, and research and academic institutes, among others.
The major players in the industry are Olympus Corporation, SRS Medical, Allium Medical, Becton, Dickinson and Company, and Med pro Medical B.V., among others.
Analyst Review
The global prostate stents market is driven by the increasing cases of prostatic obstructions globally. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The prostate stents industry, by product, can be segmented into permanent and temporary. Based on material, the market is classified into metal and plastic, among others. On the basis of end-user, the market is divided into hospitals, specialty clinics, and research and academic institutes, among others. The major regional markets for prostate stents are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Olympus Corporation, SRS Medical, Allium Medical, Becton, Dickinson and Company, and Med pro Medical B.V., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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